The Canadian Border Services Agency (CBSA) has the right to seize any money over C$10,000 that is not declared, you may need to pay a fine or face other penalties if you fail to declare money above the threshold.

Speak with your financial institution before you come to Canada about currency laws and regulations in Canada and in the country you are leaving. There may be restrictions on the amount of money you can take out of the country.

If you are coming from a country that has currency restrictions, you may have up to 3 years to import goods purchased with this money in your former country. However, you must show CBSA proof that you faced restrictions.